India’s defence production has reached a record Rs 1.27 lakh crore in FY 2023-24, the Ministry of Defence said in a release on Tuesday. According to the ministry, the defence exports hit a record Rs 21,083 crore in FY 2023-24, expanding 30 times in a decade, with exports to 100+ countries. As per the ministry, … Read more
India’s expansive strategic partnership with France is set to get a further boost with two mega deals being virtually finalised for direct acquisition of 26 Rafale-Marine fighters, as well as the construction of three additional Scorpene submarines, which will collectively be worth almost Rs 1 lakh crore (Euro 10.6 billion). As PM Narendra Modi left … Read more
Prime Minister Narendra Modi hailed the inauguration of the C-295 aircraft manufacturing complex in Vadodara as a transformative milestone for India’s defence and aerospace sectors. The facility, developed through a collaboration between Tata Advanced Systems Limited (TASL) and Airbus, represents the first private sector final assembly line for military aircraft in India. During the inauguratio … Read more
Adani Defence and Aerospace has signed a cooperation agreement with UAE-based EDGE Group, one of the world’s leading advanced technology and defence groups. As per an official joint press release issued on Tuesday, the agreement aims to establish a platform leveraging the defence and aerospace capabilities of both companies to bring together their respective products … Read more